Politicians will continue to make themselves look foolish for many years. Eventually they will learn to accept the fact that bitcoin and bitcoiners aren't going away. If you are on the fence, the time to join the winning team is now.
Once I grokked “tik tok next block” I stopped worrying about any of that nonsense for the long term.
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100% agreed here. Everything around bitcoin is so volatile but the network just keeps chugging along regardless. The most stable thing on earth on earth i guess.
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Few things are more certain than that another block will be mined in the next 10 minutes or so.
That blew my mind when I finally got it.
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The main effect for me is flash sales on sats
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Haha, but you know as well as I that the politicians are buying btc in groves. They are just saying everything and doing nothing to depress the price.
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I suspect they aren't but the people that manage their wealth are.
I suspect most of the most wealthy elites own bitcoin or entities that own bitcoin. We know they are hypocrites of course.
Remember the Panama papers? All the behind the scenes double talk. That was a fun time.
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Yes, I am sure the people managing their funds are purchasing bitcoin. Now there are more options, you know the inflow was massive! Where do you think that money was coming from? The politicians. They always want a piece of the pie.
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I don't think we've seen the ETF inflows yet if that's what you mean. I suspect people like Zuck have big stacks of bitcoin in cold storage. They just don't talk about it.
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You think the inflow to the ETFs will increase? I thought the biggest inflow would be at its inception, but you believe something else? Im sure the rich have lots in storage, they always diversify their wealth! And not talking about your wealth is what truly wealthy people do.
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I do think it will increase. I could be wrong but that's what I think. I think many thought it would happen overnight. Let's see what it looks like in a couple years.
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It can only go two ways. I dont think you are wrong, I think it will also increase over time. I dont know exactly which etf will, but eventually one will rule them all.
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not necessarily. for example there are multiple s and p etfs. SPY used for trading and then each brokerage has their own